NASDAQ | ETF
The fund will normally invest at least 90% of its net assets (including investment borrowings) in the securities that comprise the index.
The index is designed to select value stocks from the NASDAQ US 500 Large Cap Index TM (the base index) that may generate positive alpha, or risk-adjusted returns, relative to traditional indices through the use of the AlphaDEX® selection methodology.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 1.49% |
| OXY | Occidental Petroleum Corporation | Energy | Oil & Gas E&P | 1.35% |
| NEM | Newmont Goldcorp Corp | Basic Materials | Gold | 1.25% |
| COP | ConocoPhillips | Energy | Oil & Gas E&P | 1.21% |
| EOG | EOG Resources Inc | Energy | Oil & Gas E&P | 1.21% |
| DVN | Devon Energy Corporation | Energy | Oil & Gas E&P | 1.20% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 1.20% |
| DOW | Dow Inc | Basic Materials | Chemicals | 1.18% |
| SLB | Schlumberger NV | Energy | Oil & Gas Equipment & Services | 1.18% |
| CVX | Chevron Corp | Energy | Oil & Gas Integrated | 1.17% |
| CTRA | Coterra Energy Inc | Energy | Oil & Gas E&P | 1.17% |
| ON | ON Semiconductor Corporation | Technology | Semiconductors | 1.17% |
| FANG | Diamondback Energy Inc | Energy | Oil & Gas E&P | 1.14% |
| EQT | EQT Corporation | Energy | Oil & Gas E&P | 1.07% |
| ILMN | Illumina Inc | Healthcare | Diagnostics & Research | 1.05% |
| VZ | Verizon Communications Inc | Communication Services | Telecom Services | 1.05% |
| TGT | Target Corporation | Consumer Defensive | Discount Stores | 1.04% |
| LNG | Cheniere Energy Inc | Energy | Oil & Gas Midstream | 1.03% |
| MU | Micron Technology Inc | Technology | Semiconductors | 1.02% |
| T | AT&T Inc | Communication Services | Telecom Services | 0.99% |